231. The Arab Spring: How soon will foreign investors return?
- Author:
- Nathan M. Jensen, Persephone Economou, Paul Antony Barbour, and Daniel Villar
- Publication Date:
- 05-2012
- Content Type:
- Policy Brief
- Institution:
- Columbia Center on Sustainable Investment
- Abstract:
- The events of the Arab Spring have dramatically increased the risk perceptions of foreign investors. In directly affected countries, these events led to disruptions in economic activity including plummeting tourism and foreign direct investment (FDI) flows, all of which negatively impacted economic growth. While the economic impact was uneven across the Middle East and North Africa (MENA) region, for the region's developing countries the growth rate assumption underpinning survey analysis in the Multilateral Investment Guarantee Agency's (MIGA's) World Investment and Political Risk Report for 2011 was 1.7%. How much will these developments affect future FDI?
- Topic:
- Political Violence, Regime Change, Foreign Aid, Fragile/Failed State, and Foreign Direct Investment
- Political Geography:
- Middle East, Arabia, and North Africa